Mission statement

The Compliance Remediation and Assurance team is a newly established “Center of Excellence” within the CACIB Compliance Function and will be responsible for providing an Independent Assurance on the Regulatory Remediation performed against the Supervisory Findings and/ or Self-Identified Issues across the various functions of the bank (Compliance, Risk, IT, Finance, and other areas).

The team will be providing centralized Quality Assurance support on Issue Remediation efforts undertaken by the remediation owners (in First and Second line of defense) and perform an autonomous check and robust challenge on the end-to-end remediation performed by ensuring all elements of the findings have been addressed completely and accurately and test for design effectiveness, adequacy and sustainability of the remediation.

The team is responsible for educating and advising the first and second line of defense through periodic training or other media on emerging risks and potential issues based on evolving regulatory environment and supervisory expectations.

The candidate will assist the manager in the development and implementation of the framework of the new team. He/she will review part of the remediation and test them. He/she will be independent in performing testing and reporting the results to the manager of the team. 

Bachelor or Master degree

Business school, University

At least 5-8 years of professional experience in the banking industry in Internal Audit, Consulting, Compliance Testing or Quality Assurance functions.

Experiences in international context

Experience in dealing with US banking regulators

His/her capability to understand and to analyze complex situations, his/her flexibility, his/her rigor and his/her positive mind set, allow you to confront new challenges with strategic stakes.
He/she has a strong understanding of regulatory requirements, guidance and expectations in particular in terms of effectiveness and sustainable of remediation of regulatory findings.

-          Strong analytical, problem-solving and organizational skills
-          Capable of handling multiple, simultaneous and various ad-hoc requests
-          Ability to prioritize and work in a dynamic, deadline focused environment
-          Analytical capability: able to break down complex problems into simple manageable units, develops solutions for each unit and integrates them back into the whole
-          Strong intellect with consistent application of analytical skills and capacity to translate technical and complex issues for broader audiences in a straightforward manner, articulating the key issues facing the group; ability to get up to speed quickly with complex issues
-          Result oriented: setting goals and priorities that maximize the use of resources available to consistently deliver quality results
-          Communication Skills: excellent verbal, writing and presentation skills with the ability to interact with stakeholders at all levels within the organization and be able to relay complex technical concept to non-technical audience

Skills cont.

-          Strong interpersonal effectiveness: is self-aware of their own behavior and work style as well as tolerant of different needs and viewpoints. Demonstrates interest in others opinions and shows consideration, concern and respect for other people feelings

-          Proactive in managing workload and prioritizing tasks, confident in taking responsibility and resolving problems with strong influencing and negotiating skills but recognizing the need to work with colleagues and to seek guidance if necessary; a hands on approach that extends to taking practical initiatives as necessary to take issues forward

-          Technical rigor and attention to detail coupled with good presentation skills that demonstrate the practical implications of issues

-          Patience and tenacity to obtain results that can be clearly evidenced

-          Proven project management expertise,

-          Expert in using Excel and PowerPoint

Languages                                                                                                                                                                                                                                                                              

English: fluent,

French is a plus